As part of its strategy to capitalize on the growth of the wholesale specialty coffee market and its strength as a premier roaster and distributor of the world’s finest coffees, Diedrich Coffee, Inc. (Nasdaq: DDRX) today announced that it has signed a definitive agreement with Praise International North America, Inc., an affiliate of Gloria Jean’s Coffees International, for the sale of its Gloria Jean’s Coffees domestic franchise operations
LAS VEGAS, Mar 30, 2009 (GlobeNewswire via COMTEX) —-In evaluating small and microcap companies, a critical element is always the depth and acumen of management. In theory, when a company lands a superior talent within its industry amid a chorus of competitive choices, it should say something about the quality of the company which the [...]
Jamie Herzlich | jherzlich@aol.com March 30, 2009 It isn’t easy starting a business from scratch. That’s why many new entrepreneurs opt to buy into a franchise, which offers the security of being part of an already established system. Still, purchasing a franchise can be costly, and considering the current economic climate, you need to make [...]
Fitness Together being named to Entrepreneur Magazine’s “Franchise 500″ ranking this past January, may be a marker as to what concept ideas are viable in this challenging gym business climate.
Allison Hollins had planned on retiring with her husband after a stressful 17-year stint as a nurse in the Atlanta area. But after her daughter visited a Slender Solutions store after los ing 105 pounds through dieting and exercise, Hollins’ retire ment plan was put on hold.
‘‘In difficult times, business operators should audit their businesses to identify and correct any inherent weaknesses,”
KUCHING, March 17 (Bernama) — For SugarBun Corporation Bhd, the leading fast food restaurant operator in East Malaysia, and its franchise concept has received good response from local entrepreneurs despite the economic downturn. Many have shown interest in operating new outlets throughout the country, said SugarBun Franchise Management Sdn Bhd’s marketing manager, Clara Chan Siew [...]
Quiznos Establishes Teams to Renegotiate Lower Lease Costs, Reducing Largest Expense for Franchise Owners DENVER–(BUSINESS WIRE)–Quiznos, one of the nation’s premier quick service restaurant chains and pioneer of the toasted sandwich, today announced an initiative to renegotiate franchisee leases, effectively reducing the single largest expense franchise owners incur. Quiznos has established three teams to renegotiate [...]
10-K: HUDSONS GRILL INTERNATIONAL INC Last update: 3:05 p.m. EDT March 24, 2009 (EDGAR Online via COMTEX) — Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations THE FOLLOWING ANALYSIS OF THE RESULTS OF OPERATIONS AND FINANCIAL CONDITION OF THE COMPANY FOR THE YEAR ENDED DECEMBER 31, 2008 SHOULD BE READ [...]
It is unfortunate the franchise industry continues to be (and always will be) subjected to bad press because of franchisee failures resulting in lost family savings including the children’s college fund. It’s unfortunate because bad press sells and society has evolved into accident watchers. Need I say “rubber necking on the highway?” Not to mention [...]
What is the Best Business For Sale? In the current economic times, there are plenty of businesses for sale. So why look at franchise business opportunities when there are plenty of established small businesses for sale? Counter the skills shortage with Systems The best franchise businesses are set up with systems in mind. Systems enable [...]
Using the Franchise Disclosure Document (FDD) as my guide, I would ask very specific questions. I would follow the FDD item by item and ask questions pertaining to each section. It’s a can’t-miss road map. Exploring a franchise opportunity outside the United States? As most franchisors are either based in the United States, or, at [...]
Franchising a business in a recession may make sense for several good reasons, first and foremost of which is this: You can use other people’s money to expand your business nationally, even internationally! At a time when it’s difficult to borrow money from banks, or to raise money privately or publicly, using other people’s money [...]
Five Qualifiers to Consider Before You Join a Mastermind Napoleon Hill introduced the concept of a “master mind” in his famous book, Think And Grow Rich. Here’s what he said about Henry Ford’s mastermind: “Men take on the nature and the habits and the power of thought of those with whom they associate in a [...]
Whether you’re operating your own rental company or looking to get into the rental business, you will always be presented with opportunities to purchase a Franchise or Agency. Whilst, on the face of it, some of these offers look just too good to be missed, the reality is quite often very different. You must bear [...]
Women-owned firms are becoming more and more prevalent now and they are even diversifying into all industries. Construction, manufacturing and transportation have seen the largest recent increases in the number of women-owned firms. With that being said, women still manage more of the retail businesses. Seems that is where the niche has been and continues [...]
RALEIGH, NC – MSA, the Triangle area marketing and communications agency, received the prestigious “Agency of the Year” award by SUBWAY® Restaurants — the chain’s highest honor for Ad Agencies, at SUBWAY® Restaurants’ annual Global Planning Summit held in Orlando. Presented by SUBWAY® Franchisee Advertising Trust Fund (SFAFT), the award is given each year to [...]
John Boyle • JBoyle@CITIZEN-TIMES.com • updated March 18, 2009 5:19 pm ASHEVILLE – Despite filing for Chapter 11 bankruptcy, the owner of Wild Wing Café said Tuesday that “business is great,” and he has no plans to lay off employees or close. A nearby business also on Biltmore Avenue, Dripolator coffee shop, is scaling back [...]
Founded in 1950, Dunkin’ Donuts bills itself as “America’s favorite everyday, all-day stop for coffee and baked goods.” The Canton, Mass.-based brand is the No. 1 retailer of hot and iced regular coffee-by-the-cup in America, and the largest coffee and baked goods chain in the world with more than 7,900 restaurants in 30 countries. “In [...]
Ruby Tuesday signs franchise agreement with Global Brands Qatar Brings the total number in the Middle East to approximately 45-50 Brings the total number in the Middle East to approximately 45-50 Related Companies * Ruby Tuesday, Inc. * Darden Restaurants, Inc. Ruby Tuesday, a US-based restaurant chain, has signed a new franchise agreement with Global [...]
March 11 (Bloomberg) — CKE Restaurants Inc., which owns or operates more than 3,100 restaurants, is talking with its franchisees about incentives to keep building Carl’s Jr. and Hardee’s restaurants amid the deepening U.S. recession. “There’s nervousness out there,” Chief Executive Officer Andrew Puzder said. “Phased-in” royalty payments, the fees independent operators pay the company, [...]
Weichert Real Estate Affiliates, Inc., the franchise arm of Weichert, Realtors®, continued its nationwide growth with the addition of five new franchise offices in the West, South and Midwest regions of the country. The companies recently joining Weichert Real Estate Affiliates’ ever-growing roster include offices from Louisiana, Illinois, Minnesota, Georgia, and Arizona In welcoming the [...]
Writing in House Magazine this month, Dr Neil Bentley says, British firms need to shape up for the intensely competitive ‘clean tech’ market. The phrase ‘low-carbon economy’ seems to be on everyone’s lips. Governments around the world have been talking up low-carbon innovation as the cornerstone for economic recovery and for meeting climate change targets. [...]
The ‘g’ Green Design Center is announcing franchise opportunities for eco-minded individuals looking to open a responsible business. ‘g’ Green Design Center, focused on providing a user-friendly experience to going green, is a combination retail shop and showroom on a mission to provide customers with all they need to create green, sustainable environments that are [...]
Global business coaching franchise claimed spot in top 50 based on Franchisee response, participation level for the second consecutive year -showing a remarkable improvement over last year’s #41 position. Las Vegas, NV, March 11, 2009 –(PR.com)– ActionCOACH, the world’s number one business and executive coaching franchise, has been selected for the 2009 Franchise Business Review’s [...]
